Layer 2's, The Future of Crypto - THE NEW NORMAL EP. 13 from The New Normal

Layer 2's, The Future of Crypto - THE NEW NORMAL EP. 13

36 minutes Posted Sep 22, 2021 at 12:00 am.

Intro

What is a layer 1?

What problem is layer 2 trying to solve?

Why can't we just speed things up?

How does layer 2 solve the speed issues?

What benefit do users get from using layer 2?

Which layer 2 should i use?

Arbitrum Autumn is here

How will layer 2s affect users in 5 to 10 years?

If layer 1 can lower fees, do we still need layer 2s?

Closing thoughts

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36:07

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Show notes

The traditional financial system was revolutionized by the arrival of credit cards and online payment services like venmo. Now a similar revolution is going on in crypto today. These are what we call layer 2’s. So what the hell are layer 2’s? Well...you’re about to find out.

MacNCheeasy and Jesse Friedland break down this crypto topic so anyone can understand in THIS WEEKS episode of The New Normal.

NEW EPISODES EVERY TUESDAY.

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